"Every franchise of both leagues will remain in its present location"

In this quote, Pete Rozelle is stating that all franchises, or teams, in both leagues will continue to be located in their existing areas. This indicates that there will be no relocations or moves to different cities or states. The teams will remain in the very same cities and stadiums that they are currently in. This statement is very important because it reveals a commitment to the fans and communities that support these teams. It likewise guarantees stability and consistency within the leagues. Rozelle's words communicate a sense of assurance and stability for both the teams and their fans.